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. president obama, and iranian mad man, mahmoud ahmadinejad is in this great city of ours at this hour, leader of the freeze world choosing to hang out with the ladies of the view, while mahmoud ahmadinejad reiterates his threats against israel, this time from american soil. president, signing secretary of state hillary clinton to deal with world leaders who asked to meet with the president of the united states, of some of these world leaders part of a trouble fusioa --troubling new trend thy they can tell the most powerful nation on earth what to do. telling new york time over the week that america needs to find more respect for muslim values, the united states must respect the arab world's history and culture even when that conflicts with western values, pakistan foreign minister, questioning our constitution, saying that american which rethink its commitment to freedom of speech, and benjamin netanyahu urging president obama to accept a red line regarding iran's nuclear ambitions, a line that if crossed would compel the u.s. to act militarily, meanwhile, president obama downplays the signif
president obama. but mitt isn't having it, trying to get ohio voters to the right by focusing on the economy. >> with incomes going down, every year, every year going down, down, down. prices of electricity up and health insurance up and the cost of gasoline, having doubled, these are tough times. even for families with jobs. i know what it takes to get this economy going again. cheryl: so what would a tax plan under a romney/ryan administration look like? rich edson breaks it down for us. rich? >> reporter: well, cheryl, democrats call it a giveaway to the rich at the expense of the middle class. republicans say they're wrong, and this morning governor romney defended his tax plan. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. by bringing rates down, we'll be able to let small businesses keep more of their money to hire more people. >> in the end the details are really up to congress. romney's proposed cutting every tax rate by 20%. to insure the treasury department takes in about the same amount of money under a new system,
barack obama. get ready. t have a feeling it will geti bumpy tomorrow. see you then president obama explain why they are the guys to economy and turn it around. welcome to "the willis report." >> good evening from everyone. i am cheryl casone and for gerri willis. president obama into the podium at the united nations to defend his foreign policy. all eyes are on him. anti-american protests continued to rage on. the president making clear that he is hopeful enact let us remember that this is a season of progress. for the first time in decades, nations and libyans and egyptians voted for new leaders that were credible, compatible and fair. cheryl: has a change to something more dangerous? tonight, we talk to our expert from the hoover institution. today, he definitely handled the issue of the middle east. but critics say he has made too many missteps come back. >> he really didn't. president obama has to, begin with, changing his story. his administration described the crime that had taken place in benghazi is related to the video. it wasn't video. it was an act of terrorism. this sto
.n. tomorrow. that's yom kippur. president obama will appear on "the view" this morning, he will not hold any face-to-face meetings with any foreign leaders while in new york. he speaks to the u.n. later today. but it is a labor dispute that has really got the country talking. a bad call by substitute refs on the final play ends a nfl game in flat-out chaos. if this doesn't bring the regular refs back, what will? watch out, "varney & company" is about to begin. [ male announcer ] what if you had thermal night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. >> good morning, "varney & company" viewers, today is tuesday, september 25th, six weeks from today we vote. the president obama, he's in f
struggling if backed company. it's not making as many as it's supposed to. president obama was there and extolling the company and the government's role in it. and form mayor rudy guiliani joins us to talk about romney and taxes, is romney is good candidate? we'll ask him. and nokia and research in motion, the down side of apple's success. we'll follow them at the opening bell next. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. >> we're still expecting a 50 point gain for the dow when that opening bell stops ringing and we start trading, but there's a big negative number out there this morning, released about an hour ago. gdp, gross dom
is down, way down in the obama years and down again last month. income now lower by 8.2%. that is a flat-out decline in purchasing power and standard of living for american households, down. but so far, no impact on president obama's standing in the polls. he leads in swing states, ohio and florida and on the question of economic policy, the president leads mitt romney 48-39. now, this is what happens in europe when living standard plunge, rioting overnight in spain and a general strike in greece, this is the people's response over there to austerity. we've got another all-star lineup for you, watch out everybody, "varney & company" is about to begin. woman 1: this isn't just another election. we're voting for... the future of our medicare and social security. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affe seniors today and in the
president obama and republican nominee romney essentially in a dead heat. president obama winning by just 1 percentage point as the race enters its final weeks. senior fellow at the american enterprise institute is joining us now from washington, d.c. kevin good to see you. what is the one thing that mr. romney will do to try and push ahead with his economic agenda that he has not been doing and that needs to be doing in previous weeks? >> well, i think that the biggest thing coming up is that governor romney is going to have a chance to speak directly to the american people in the debates and to challenge president obama. you know, one of the untold stories of this campaign for example is that president obama has absolutely no plan to create jobs. that thing they were waving at the convention, his 4 trillion dollars plan was actually just his budget from last year which went -- which went to the floor of the house and senate and got no votes. that kind of conversation is not getting through because of the mainstream media bias. dagen: mr. romney can also speak for himself. he has been wide
as well. orders for durable goods plunged more than 13% in august. since the month president obama took office, much worse than economists had feared. alan krueger writing that we are making progress and the last thing we should do, said this economist, is returned to the economic policies that failed us in the past. his predecessor in the white house, austan goolsbee had predicted earlier this year that economic growth is your own 10 year would be a big obstacle to the president's reelection. >> i would say if the economy is growing 3% or above, the presidents would have major headwinds. he will be facing trouble for it. lou: recent polls show incredibly that the romney campaign has been unable to capitalize on the president's economic policy failure. >> we will take all of that back up again. also, israel's prime minister benjamin netanyahu, calling on the united states and united nations to draw a clear red line on iran's nuclear program and former ambassador john bolton. also, shelby steele on how group and identity politics is shaping this presidential election. turning back to the
's the issue with 2011 here? >> well, look, obama has said i'm going to tax rich people and implying he's not going to tax you. in fact, he passed tax increases on average income americans many many times during his presidency. there are 20 different taxes in obama care that we will all be paying. in addition to that, of course obama's new promise that he won't tax rich people, he's got a new term limit on it, 12 months. only next year, after that we could have a vat or other things. so if you are obama and you intend to allow the bush tax cuts to lapse, so there's a 500 billion dollars tax increase on low income people, middle income people, all americans, you want to talk about anything other than the tax increases that you have scheduled. i mean he's running up trillions of dollars of debt over the next deca decade, according to his budgets. the only way he pays for them since he's not cutting spending is to raise taxes on everyone. what do they want to do? oh gee what did romney pay in taxes four or five years ago? that has nothing to do with anything. we ought to be reducing taxes
orders for durable goods plunged a largest declinesince since obama took office. last the chair rights we are making progress. the last thing we should do is return to the economic policy -- policies that failed us in the past.n 10 but austin goolsbee said it is the bigger obstacle to the president's reelection. >> and if it is growing atould less than 2% he will beill be fn facing troubleg the campaignlya should not capitalize on thetali economic policy but failure.this predentia list returning back to the presidentp of economicpatrioti, patriotism former clinton wys no advisor political analyst doug shoen and ed rollins thank you for being here. the president has the slogan for work? what is the romney fame? -- thien? i cannot figure out what precisely governor romney is offering as an alternative. >> one to be superficiale mtt what is the motto for mitt romney? >> there isn't one. the president has failed and give me a shot. that is not effective he had to sell himself. you don't get to be president just because of the nomination. if i was running the campaign i would not mention the
romney and president obama are duking it out in the battleground state of ohio today. the unemployment rate there is 7.2% which is lower than the national average, but some argue the recovery has been uneven in the buckeye state. so which way will this state swing? with me now is fox news's bill hemmer who spent time on the ground in columbus. >> and other parts. melissa: this is the state you love. >> yes. melissa: you know it so well. >> my home state too. so i have a personal attachment to it. i think in any normal time 7.2% is absolutely unacceptable for any governor, in any state in america agreed? but lower than the national average and that is why that number gets a bit more attention right now. i find ohio confounding at the moment politically. melissa: yeah. >> in the southeastern part of the state unemployment is at 13%. melissa: wow. >> northwestern part of the state, unemployment is at 4 1/2%. melissa: wow. >> such a difference. melissa: like two different states. >> it is. i will tell you in a moment about why ohio is such a battle ground and how it reflects so much of ame
harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he w
say it, who president obama says he is not a friend of anyway. >> well it's true. what we see is the top 10 to 20% of households who do benefit a lot from stocks going up in the stimulus. they are still spending for two reasons. they get this benefit from the wealth effect but also people in there go to college and they tend to peak in their spending about five years after the average person. so the average person peaked in 2007. we think what is going to happen next year this stimulus will have less impact because these wealthier households will hit their peak in spending. their kids will get out of college and drop off and stimulus i think is going to work a bit, not as much as past qes. then it will fail by mid next year. i think stocks go up a bit. fourth quarter, maybe first quarter. then you could see a bigger crash. note that stocks keep going to higher highs and when they crash, this he go to lower lows. call it megaphone pattern. melissa: just making it is the durable goods order that came out to show durable goods fell 13.2% in august. that was the biggest drop since
while president obama so far not scheduled a meeting with israeli's prime minister he made time to chat up the ladies on "the view" today. to figure out what message he sending, senator john barrasso. thanks for joining us. >> thanks for having me. >> there are three things the president need to do when he addresses the united nations these things. what are those? >> i wrote an article in "politico" today. it specifically says the president has to acknowledge there is still a war on terror after you see what happened in the past couple weeks when 9/11, with our embassy, with the loss of life of our ambassador. that is number one. number two the president needs to talk about the relationship between the united states and israel. when he says that israel, that the united states always has their back on all issues what does that specifically mean? i think, three, the president owes it to the people of this country to know what his foreign policy is. the president in 2008 laid out a foreign policy that he would hit reset button with russia. i believe that has failed. melissa: yeah. >> he sa
and spend more green? president obama calling for economic patriotism on the campaign trail, including calling for higher taxes on the rich and new spending plans and it comes as we find out the economy's slowing, and someone here says the economic patriotism will only cause this number to keep growing. and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are a
the parties involved, how much our personal relationships between netanyahu, president obama, netanyahu, mitt romney, how much is that playing into what we'ree hearing about this and other issues? >> i don't think what the prime minister did yesterday had any, but i think people seem to discard the importance of personal relations. in a politics and international relations or even national affairs, not love affairs and not all about rumors. at the same time personal relations come and all you have to do to have this brought home to you is remember the very bad relations between president roosevelt in the second world war, a very great extent america's decision to enter the war, to help the united kingdom because of the disdain and distrust between those two leaders. i believe personal relationships to count and i hope whoever the next resident i is, relations between him and the prime minister of israel will be as they always were. warm, trustful, genuine and ones of great strategic alliance. connell: thank you very much for coming into the studio today. appreciate it. thanks. dagen: vast maj
are today. for president obama it is his thirteenth trip this year. he is stopping at two university's. mitt romney making three stops. he has been to ohio ten times since many. now back to melissa frances. rich: thank you so much. lovely and talented. president obama will easily win reelection in november. in trade prediction numbers showing him trouncing mitt romney 75% to 25%. wall street is buzzing about who will be president obama's next treasury secretary and charlie gasparino has the latest from the executive. charlie: i hate to say mitt romney is a loser now six weeks out. there's a lot of campaigning government of the oddball fbn -- melissa: sounds like four people abetting. charlie: the lot of people betting and it is usually right but it moves around a lot and it is usually right. in any event we are not announcing that romney is dead and the campaign is over. we are saying what they're saying and wall street and it is not just the traders that use it but used by traders and also inside the executive suites they don't see a chance for mitt romney winning and right now what they ar
election. as a democrat president obama receiving a lot of criticism for not meeting this week at the general assembly at the u.n., in front of world leaders. what's your view on that? do you think he should have? >> look, we're in that season; right? we're in the season where whatever you do, the other side is going to do it wrong. there's no real problem between our government and the israeli government. the defense minister pointed out we have best relations between israel and united states of the securities we have ever had. we have operation iron dome which allows the folks in israel to be protected from these rockets. i think it is one of those things that it is election year thing. connell: but the week of the u.n. general assembly, you don't think that's a fair political criticism from the other side? say hey listen, there's a lot going on here in the world, you should have sat down with them, you don't think that's fair? >> i don't think it's fair. he keeps good communications with the rest of the world. our relations with the rest of the world have been better than a
as an individual investor. lori: good advice. richard, thank you. melissa: president obama taking center stage at the united nations saying we face a choice between the promise of the future or prisons of the past. more from his speech after the break. lori: we were talking about investment grade corporate ideas for you. let's check treasurys today. the ten year yield at 1.70%. and the third year, buying treasurys today is unchanged at 2.89%. back with more after this. >> i'm cheryl casone with your fox business brief. british bankers association will move away from supervisory role of libor if necessary. bba says it will support the recommendations for managing director of financial services authority martin wheatley, who is expected to unveil a new regulatory libor structure sometime this week. >>> tesla shares down sharply after slashing their 2012 revenue forecast. the electric carmaker cited slower than expected rollout of hits model s sedan. tesla adding some suppliers experienced delays in meeting its demand. >>> barnes & noble taking steps into the streaming business. they are launchin
.2 million on his office. the decorator decorated the white house. >> the obama's brought him inned too the white house. >> yes, whatever the guy was; a $1400 parchment paper waste waste wastebasket. >> oh, charlie. >> that's where we are now. he's shopping. they have not called me back. >> that's shocking. your eye is healed. >> he did not take a shot at me. >> okay. >> that was just the guy on the street. congratulations. charlie, thanks so much. all right. let's talk politics. mitt romney's 2011 tax returns are public. is he paying the fair share? help or hurt the campaign? up next the economic writer, steven moore, on romney's battle for the white house. >> first, a look at winners and losers on the s&p500 as we head to break. international paper topping the list at about 3.5%. we'll be right back. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah
economic growth and doesn't distort the tax system so much. david: when president obama says it is going to cost the middle class, that's because when it comes time to actually adding up the numbers and seeing if we get the same amount of tax revenue or less or more, you have to make some deductions, one of which is that this will stimulate the economy and, thus, more revenue will come in. the president is not making that assumption, correct? >> there is an assumption out there made by the tax policy center that basically says the only way you're going to pay for this is by hitting the middle class, by taking their deductions away. heritage comes back, another foundation, a conservative foundation, and says, no, they cooked the books on that whole thing. when you look at how all this is going to work out, it is still the decision of congress to figure out which deductions stay or go because romney has knotts detailed those things. part of -- has not detailed those things. maybe getting rid of those deductions don't pay for the entire tax cut, something called dynamic scoring. you assume
Search Results 0 to 26 of about 27 (some duplicates have been removed)